A federal court has suspended the SEC's case against the cryptocurrency exchange Binance for 60 days. The SEC and Binance jointly filed a motion explaining the need for the delay due to the development of a federal regulatory framework for digital assets. The new cryptocurrency working body of the SEC was created in January to improve regulation of the industry. This decision follows the SEC's charges against Binance in the case of violations of securities laws, including operating without registration and fraud with crypto assets.
2/14/2025 10:19:15 AM (GMT+1)
A federal court suspends the SEC's lawsuit against Binance for 60 days to develop a regulatory framework for digital assets, following a joint motion from the parties
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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